Wayfair (W) Projected to Post Earnings on Thursday

Wayfair (NYSE:W - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $2.71 billion for the quarter.

Wayfair (NYSE:W - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported ($0.96) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($1.01). The firm had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.07 billion. On average, analysts expect Wayfair to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Wayfair Stock Performance

Wayfair stock traded down $0.12 on Friday, reaching $29.29. The company's stock had a trading volume of 3,868,767 shares, compared to its average volume of 4,634,098. Wayfair has a twelve month low of $20.41 and a twelve month high of $76.18. The business's fifty day moving average price is $32.54 and its 200 day moving average price is $41.63. The company has a market cap of $3.72 billion, a price-to-earnings ratio of -7.29 and a beta of 3.72.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on W. Canaccord Genuity Group reduced their price objective on Wayfair from $76.00 to $68.00 and set a "buy" rating on the stock in a report on Friday, February 21st. UBS Group cut their price target on Wayfair from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Deutsche Bank Aktiengesellschaft cut Wayfair from a "buy" rating to a "hold" rating and set a $25.00 price objective for the company. in a research note on Monday, April 14th. Citigroup increased their target price on Wayfair from $28.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Stifel Nicolaus decreased their target price on Wayfair from $46.00 to $29.00 and set a "hold" rating for the company in a research report on Wednesday. Sixteen equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $50.68.

Insiders Place Their Bets

In other news, CTO Fiona Tan sold 23,835 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $31.92, for a total value of $760,813.20. Following the completion of the sale, the chief technology officer now directly owns 111,128 shares of the company's stock, valued at $3,547,205.76. This trade represents a 17.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Kate Gulliver sold 19,296 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $31.67, for a total transaction of $611,104.32. Following the completion of the transaction, the chief financial officer now owns 144,474 shares in the company, valued at approximately $4,575,491.58. This represents a 11.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 92,863 shares of company stock valued at $3,393,929 in the last three months. 21.91% of the stock is currently owned by corporate insiders.

Wayfair Company Profile

Wayfair Inc provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.